Subex - Press Release

Thebullishtrends: Subsex shares are trading at Rs.293.40(-0.96%). Subex Ltd on February 05, 2008 has announced that it has been awarded a contract from Telekom Slovenije, Slovenia's leading telecom operator, to implement the Nikira™ V6.1 Fraud Management System. The solution will help safeguard the company from a range of potential risks, including subscription fraud and network fraud.As a result of the implementation Telekom Slovenije, will benefit from the early detection of fraud, as well as productivity improvement through reduction of false alarms and efficient workflows that are built in to Nikira.

"The Nikira V6.1 Fraud Management suite is designed to safeguard operators who are rapidly expanding their subscriber numbers and new service bundles. As a result, Telekom Slovenije will benefit from a reduction in business risk and an increase in productivity, enabling it to deliver efficient and quick services to its customers.